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By Wayne ColeSYDNEY (Reuters) - Asian shares inched cautiously higher on Monday amid conflicting signals on the chance of a truce in the Sino-U.S. trade dispute, while a new-found air of concern on the global outlook at the Federal Reserve undermined the dollar.gi MSCI's broadest index of Asia-Pacific shares outside Japan <.MIAPJ0000PUS> tacked on 0.1 percent and South Korea <.KS11> 0.5 percent. Japan's Nikkei <.N225> gained 0.4 percent, but E-Mini futures for the S&P 500 <ESc1> slipped 0.3 percent. Wall Street had firmed on Friday after U.S. President Donald Trump said that he may not impose more tariffs on Chinese goods after Beijing sent a list of measures it was willing to take to resolve trade tensions.The comment stoked speculation of a deal when Trump meets Chinese President Xi Jinping on the sidelines of a G20 summit in Argentina later this month.However, Sino-U.S. tensions were clearly on display at an APEC meeting in Papua New Guinea over the … [Read more...] about Asia shares edge ahead, Fed caution drags on dollar

About 300 staff of National Australia Bank have been fired or left the company as a result of internal investigations into wrongdoing, Chief Executive Andrew Thorburn said on Friday (Oct 19), following public revelations of misconduct across the sector. A pedestrian walks past a branch of the National Australia Bank (NAB) in Sydney on May 5, 2016. (Photo: AFP/Peter Parks) Thorburn said he was ashamed of the bank's behavior and admitted he had been wrong to oppose a commission of inquiry which has exposed scandal after scandal in the country's greed-driven banking culture. "It's been a particularly difficult and shameful year," Thorburn told a parliamentary committee in his first public comments since the quasi-judicial inquiry began hearing evidence of financial sector wrongdoing earlier this year. More than 1,200 staff had been questioned about their adherence to the bank's code of conduct as part of the internal probe, he said. Seven hundred of those questioned were found … [Read more...] about National Australia Bank cuts 300 staff over wrongdoing

By Wayne Cole SYDNEY (Reuters) - Asian equities got some much needed relief on Wednesday after upbeat U.S. earnings reports drove a rebound on Wall Street and helped restore a little confidence in emerging market stocks and currencies. Japan's Nikkei <.N225> leaped out of the gates with an early rise of 1.3 percent, but still has a long way to go to recoup the past week's losses. MSCI's broadest index of Asia-Pacific shares outside Japan <.MIAPJ0000PUS> added 0.5 percent and South Korea <.KS11> 1.5 percent. U.S. stocks had jumped more than 2 percent on Tuesday in reaction to upbeat earnings reports from major companies including UnitedHealth and Goldman Sachs. "Analysts are looking at this reporting season in particular and the general data over the next couple of months for signs that the receding tailwinds of fiscal stimulus and the headwinds of tariffs are going to hit the U.S. market simultaneously," said Rakuten Securities Australia COO, Nick Twidale. "On first … [Read more...] about Asia shares rally as Wall Street bounce relieves

By Paulina Duran SYDNEY (Reuters) - Australia is bracing on Friday for the release of a powerful report into its scandal-hit financial sector, which could recommend legislative changes that affect how some the country's oldest financial institutions operate. The scheduled release of the interim report comes after several months of revelations that has eroded share prices in the sector and prompted several high-profile resignations. Prime Minister Scott Morrison told reporters on Friday the government would extend the inquiry if requested by former judge Kenneth Hayne, who is leading the year-long Royal Commission. "Having commissioned the work, we will be looking carefully at what Commissioner Hayne is observing at this point," Morrison told reporters in Sydney. "If he asked for an extension, then he would get one." Hayne has received over 9,000 submissions of alleged bad behaviour by banks, pension funds, financial advisers and insurance companies. The public inquiry has not … [Read more...] about Australia braces for banking rap-sheet in powerful Royal Commission report

Video PUBLISHED: 11:21 21 August 2018 | UPDATED: 11:21 21 August 2018 Gressenhall Farm and Workhouse Village at War Credit: Norfolk Museums Service Archant With the August Bank Holiday just around the corner, here are some ideas to kickstart a weekend of summer fun. 1. Miss SaigonAugust 15 to September 15From £40 Cameron Mackintosh’s acclaimed new production of Boublil and Schönberg’s legendary musical Miss Saigon is embarking on a major UK Tour. A recent smash hit in the West End and Broadway, this epic production with a company of 60 lands in Norwich this August. In the last days of the Vietnam War, 17 year-old Kim is forced to work in a Saigon bar run by a notorious character known as the Engineer. There she meets and falls in love with an American GI named Chris but they are torn apart by the fall of Saigon. For three years Kim goes on an epic journey of survival to find her way back to Chris, who has no idea he’s fathered a son. There is … [Read more...] about 7 things to do in Norfolk over August Bank Holiday weekend